Comments on the chart. Price is halfway to the top of the channel so only a reduced risk long possibly on a retracement is going to taken
Kommentera:
Excellent move up today. However, I am not in the trade. Price gapped up on the open and I could not get in. Will not chase it though...
Kommentera:
Reversal candle today. Hmm...
Kommentera:
Boom! Not only did price move up today it took out the upper boundary of the channel. We have a breakout. Looking for more upside
Kommentera:
Price moved up strongly today but lost all that upmove and then some by the end of the trading day. I am still looking upwards
Kommentera:
Very strong move up today. This stock is screaming 'higher' to the market participants. Are all the shorts being forced to cover?
Kommentera:
Price gapped up today after an announcement that the company was cutting 9% of its workforce. However, by the end of the day, half of the gain was lost and we were left with a doji hanging in space. This is the perfect setup for an abandoned baby reversal pattern. Just closing the gap is a $10 downmove
Kommentera:
Just know that your account is crying if you are holding a short in Tesla
Kommentera:
The move up in this stock has been relentless and perhaps the short sellers are now covering. Only the ones with the deepest pocks will be hanging on now. Price is ar resistance now (look left) and if this area is cleared...
